An amino acid is a type of organic acid that contains carboxyl functional
group and an amine functional group as well as a side chain that is specific to
the individual amino acid. Amino acids play central roles both as building
blocks of proteins and as intermediates in metabolism. Amino acids are
considered to be the building blocks of polypeptides and proteins. Amino acids
may function on their self but more commonly act as monomers to form larger
molecules. Amino acids are used to build a variety of molecules and are used in
neurotransmitter and lipid transport.

Figure 1: Global Amino
Acid Market by Value 2015-2023

Market Insights

The global amino acid market was sized over USD 4.88 billion in 2015. The global amino acid market is projected to
grow with a CAGR between 6.0% and 6.5% during 2017-2023. Increasing animal feed
additive demand on account of regulating metabolism in livestock production owing
to growing meat consumption is the prime factor driving the global amino acid
market. Moreover, growing health consciousness among the consumers and shifting
trends towards the dietary supplements consumption for protein intake will
drive the amino acid market across the globe over the forecast period. Furthermore,
increasing demand for the products of amino acid from food & beverages
industry such as I-glutamate due to its flavor enhancement properties is also
anticipated to drive the global amino acid market over the forecast period.
However, increasing raw material prices and lack of awareness among consumers
from underdeveloped region are the key factors restraining the growth of amino
acid market globally. Nevertheless, high demand of amino acid from expanding
applications such as pharmaceutical, cosmetics, food & beverages and
nutritional supplements industry as well as adoption of modern technologies for
manufacturing amino acids by the manufacturers will bring more opportunities to
the global amino acid market. Hence, tight supply of raw material such as corn,
soybean and wheat is likely to pose a challenge to growth of global amino acid
market over the forecast period.

Segments Covered:

The report segments the amino
acid market by product type, by source, by application and by region. Market
segmentation based on product type includes L-glutamate, lysine, methionine,
tryptophan, threonine, glutamine, valine, creatine, proline, serine and others.
Moreover, the global amino acid market based on source is segmented into plant
based and animal based. Furthermore, based on application the market is
segmented into animal feed, food & dietary supplements, pharmaceutical and
others. The animal feed application segment is further classified as swine,
poultry, cattle and others.

Geographic Coverage and Analysis:

The report
provides regional analysis covering geographies such as North America, Europe,
Asia-Pacific, Latin America and Rest of the World. In this section the key
trends and market size for each geography is provided over the period of 2017 –
2023.

Figure 2: Global Amino
Acid Market by Region

Asia Pacific dominated the world amino acid market in terms of production
and is likely to continue its dominance over the forecast period due to
presence of key players and maximum amount of pork is being exported by the
region especially from China. Moreover, Asia Pacific is anticipated to grow at
a highest CAGR rate over the forecast period due to increasing population
coupled with disposable income and up-gradation of lifestyle with increasing
demand for nutritional & protein supplements. North America and Europe are
the second largest market for amino acid following the Asia Pacific. Europe is
likely to witness moderate growth due to increasing demand from food and
dietary supplements. Furthermore, North America is expected to grow at a
substantial rate due to rising obesity and increasing awareness among
youngsters as well as shifting trend towards the bodybuilding coupled with
rising demand for protein intake especially in U.S and Canada. However, Latin
America amino acid market is also likely to witness a significant growth rate
owing to major beef exports especially from Brazil.

The
report provides deep insights on demand forecasts, market trends and micro and
macro indicators. In addition, this report provides insights on the factors
that are driving and restraining the demand of amino acid globally as well as
regionally. Moreover, IGR-Growth Matrix analysis given in the report brings an
insight on the investment areas that existing or new market players can
consider.

The report provides insights into the market using analytical tools
such as Porter’s five forces analysis and value chain analysis of amino acid.
Moreover, the study highlights current market trends and provides forecast from
2017 to 2023. We also have highlighted future trends in the amino acid market
that will impact the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight on the
market share of the leading players. Additionally, the analysis highlights rise
and fall in the market shares of the key players in the market. This report
will help manufacturers, suppliers and distributors of the amino acid market to
understand the present and future trends in this market and formulate their
strategies accordingly.

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